Project Description

HarHub in collaboration with Shaqodoon Organization and UNFPA has implemented the socio-economic empowerment youth in Somaliland. The initiative is part of the ILED (Innovative Learning and Entrepreneurship Development) initiative is committed to supporting marginalized and vulnerable youth in Somalia and Somaliland by providing a range of training and mentorship programs to empower the target group. These programs include boot camps, mentorship, life skills training, financial and digital literacy, youth networking events, and support for youth-led organizations.

The Start-up grants offered by ILED are specifically designed to assist young people in the ideation stage of their business development. Through boot camps, incubation, mentorship, and seed funding, participants are provided with the necessary resources to transform their ideas into viable businesses. It is important to note that this funding opportunity is available once a year and will be promoted to youth across Somalia in collaboration with partners, targeting specific cities as agreed upon.

Project Goals

To empower youth with the tailored trainings to unleash their full potentials and become leaders in the industry.

To Build and growing next entrepreneurial generation by providing resources.

To unleash their idea into the marketplace to become a viable business model

To Accelerate the socio-economic opportunities for Somali youth through investment grants and access to financial capital.

“Project Outcomes

Total Applicants: 3560 (Male 2136 , Female 1424 )
Total Trainee: 760(Male 384, Female 376)
Total Investee: 90 Startups (Male 38, Female 52)
Total Investment Disbursed: $182,000
Investment Size- $2000- $2200
Total Jobs Created: 152 (Male 90, Female 62)
Total Crowdfunded: $36,994”

Locations

Borama
Gabiley
Hargeisa
Berbera
Burco

Partners

Shaqodoon Organization
UNFPA

Donors

EU